Jack Welch Wife Worked Under Romney At Bain
Suzy Welch, the wife of former GE CEO Jack Welch, was an employee of Mitt Romney’s Bain Capital. The Welches have been in the news after Mr. Welch accused the Obama administration of falsifying a recent positive unemployment report to benefit his re-election campaign.
Mrs. Welch worked at Bain in the 1980s as the firm began to take over companies, load them up with debt, fire employees then sell the resulting company at a profit.
She and her husband have been very public defenders of Romney’s tenure at Bain, via media appearances and their joint column for Reuters. In one column the Welches defended Romney and Bain capital’s business methods, insisting that Romney’s profit-making was in the best interests of the companies, even if middle class workers had to lose their jobs.
After Suzy Welch left Bain she became the editor of the Harvard Business Review but was forced out after it was revealed that she was having an affair with Jack Welch (then married to his second wife) while she was doing a profile of him for the publication.
|« O-Mentum! Obama Shatters Another Fundraising Record||Plea Deal Reached In Bengals Cheerleader Sex Case »|
Exxon CEO Got 8% Pay Bump Ahead Of Arkansas Spill
Steve Jobs Widow: Immigration Reform Now
Rick Warren Bombshell: My Son Bought Unregistered Gun Online For Suicide
NRA Loses First Round As Gun Bill Advances
National Confidential is breaking news, as it happens. Click here to contact us.
Most Popular Stories Today
- Pornstar’s Real Names Revealed 160 view(s)
- 25 Pictures Of Jennifer Lawrence 93 view(s)
- Meet Rebecca Williams, The FBI’s Stripper Turned “Trailer Park Mata Hari” 47 view(s)
- Selena Gomez Bikini Photos For “Spring Breakers” Released 37 view(s)
- Beta Theta Pi Fraternity Sex Scandal Rocks University 30 view(s)